The Securities and Exchange Commission was established eighty-five years ago to regulate the commerce in stocks, bonds, and other securities. The mission of the SEC is three-fold: To protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation. The SEC is led by five commissioners, each nominated by the President of the United States, with consent by the U.S. Senate. Hester Peirce is one of the commissioners. Peirce recently visited the William and Mary Law School as a guest of the Center for the study of Law and Markets. Before speaking with students, she sat down with us to discuss the SEC, her role as commissioner, leader, and communicator, and how she became known as Crypto-Mom.
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